According to the public record, Modena, Spalding is a mid-century freehold house and with 1,248 ft2 of internal area and sits on a 701 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Low Road, Spalding, PE12 is located in the borough of South Holland within the PE12 postal district.
Modena, Spalding has 21 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Modena Spalding as £284,080 and the rental value as £1,023 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Modena Spalding has increased by £2,202 (0.8%) and its rental value has increased by £6 per month (0.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Modena, Spalding is in very good condition we estimate a sale value of £298,284 and rental value of £1,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,194 and a rental value of £951 per month.
If you were able to purchase this property for the estimated value of £284,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,396 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Modena, Spalding sits on a plot of 701m2.
We have plot size data on 4 out of 5 other houses in the postcode and Modena, Spalding sits on the 4th largest plot.
According to HM Land Registry, Modena, Spalding was last sold on 29 Nov 2019 for £247,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 18.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Modena, Spalding within a radius of 294m over the last 2 years.
The most recent example is 10, Helmsley Way, Spalding, PE12 6BG, a Freehold house which sold for £268,000 in Jun 2024.
Read more about house prices in PE12.
Low Road, Spalding, PE12 has a total of 39 addresses. According to our analysis of all the public data, Modena, Spalding is the 14th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in PE12.
Modena, Spalding has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Modena, Spalding is Spalding station which is 1.8 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Modena, Spalding, 63.3% of property is privately owned outright and 29.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Modena, Spalding, 14.5% of residents are recorded as possessing school level qualifications and 25.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Modena, Spalding, the average age was 42.5 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Modena, Spalding, 2.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Modena, Spalding, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.